Steal A Foreclosure: Alabama home sales increase 12% in Nov. compared to last year; 64% of local markets report improved sales

Wednesday, December 21, 2011

Alabama home sales increase 12% in Nov. compared to last year; 64% of local markets report improved sales

Alabama Housing Report features good news!

Courtesy of the Alabama Center for Real Estate

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ACRE Reports November 2011

Alabama home sales increase 12% in November compared to last year; 64% of local markets report improved sales

November residential sales in Alabama experienced an 12.6 percent increase when compared to November 2010. The last time our state's real estate market experienced positive sales growth in November when compared to the previous year was November 2009. While this is favorable news, the market must be mindful that last November was the fifth month after the expiration of the home buyer tax credit and the comparative sales figures reflected the November cyclical low of 2,471 closed units.

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